The James H and Marta T Batmasian
The James H and Marta T Batmasian Family Foundation is a private independent foundation based in Boca Raton, Florida. Established in 2016, the foundation operates as a Florida not-for-profit corporation and maintains tax-exempt status under Section 501(c)(3).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.7M
+1.5% YoY
Annual Giving
$1.2M
+1335.4% YoY
Grant Count
62
+416.7% YoY
Avg Grant Size
$20K
+177.8% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation describes its grantmaking purpose as furthering the charitable efforts of recipient organizations.
Grantmaking
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (Most Recent Data Available):
- Total assets: $16,702,005
- Total giving: $1,220,121
- Average grant amount: Varies by year
- Median grant amount: Varies by year
Historical Financial Data (2022):
- Total assets: $2,968,489
- Total expenses: $1,455,674
- Total revenues: -$22,523
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,702,005 | $16,457,644 | $2,968,489 |
| Revenue | $15,481,780 | $101,684 | $-22,523 |
| Expenses | $1,231,637 | $98,012 | $1,455,674 |
| Qualifying Distributions | $1,220,121 | $85,000 | $1,439,530 |
| Net Investment Income | $470,264 | $119,801 | $48,557 |
| Distributable Amount | $141,731 | $134,942 | $176,983 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
145 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and Directors:
- Marta T Batmasian – Director, President, Secretary
- James H Batmasian – Director
- James G Batmasian – Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES H BATMASIAN | DIRECTOR, VP, TREASURER | 10 | — |
| MARTA T BATMASIAN | DIRECTOR, PRESIDENT, SECRE | 10 | — |
| JAMES G BATMASIAN | DIRECTOR | 2 | — |
| ARMEN A BATMASIAN | DIRECTOR | 2 | — |
| ARTHUR R REDGRAVE | DIRECTOR | 2 | — |
Recent News & Activity
Recent developments and announcements
The Batmasian family has been recognized for philanthropic contributions to the Boca Raton community. Marta Batmasian was selected as a Boca Chamber DIAMOND Award winner. The foundation has announced matching donation programs, including a recent initiative offering matching donations up to $150,000 to support non-profit organizations.
Marta Batmasian Selected as Boca Chamber\u2019s DIAMOND Award WinnerSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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